Democrats Try to Kill Bank of America Over $5 Fee

Townhall.com ^ | October 5, 2011 | Mike Shedlock

[TheOldLady]

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[windcliff]

I’m still with BOA :(

[tnlibertarian]

I don’t understand all of the focus on BoA. My bank sent me a similar notice a month ago or so. My formerly free checking would charge a monthly fee if we didn’t keep a minimum balance or have a certain amount of direct deposited funds. We do, so no problem. In addition, they would add a monthly charge if we used our debit cards for any non-ATM transaction. We don’t, so no problem. However, their changes haven’t made front page news.

[I see my hands]

People who pay their obligations as promised and on time don't have to debate "provisos" lol. And in most cases those who do debate provisos have had courts rule against their bogus interpretations and they lost their homes. Sadly too few learn lessons about responsibility in the process and spend their energy trying to convince themselves that their convoluted excuses are valid.

The $5 fee for debit card service is no different than the $12K fee jet ski dealers charge for their product. But you're right; we all make decisions.

[MinorityRepublican]

Where’s Andrew Jackson when we need him?

[Vicki]

I’m with you on this. I love their bill pay! I can’t believe people can’t see what is happening. Also I wish people would stop harping about the web site. I got a letter in the mail saying they were updating and making improvements to the site. Come on, anyone knows that a web site can slow down or have some of it’s features have glitches during a revamp.

[Lexinom]

And good riddance to them - let's hope they really do perish. We've enough fat-assed do-nothings, ranging from bankers to welfare recipients, in America who feed like leeches off the lifeblood of those who actually produce a real product.

Let 'em die, and let any stupid enough to work for such an institution get a job doing something productive instead.

[cranked]

The same fee that Durbin himself was involved in creating? =.=

[Stentor]

I have to wonder what the top brass at BoA think being betrayed like that?

I'm gonna have a cry in my Stella. Bank of America we hardly knew ya. Time to set Zero Hedge as my second homepage.

[Stentor]

I’m thinking about painting their corporate logos on the side of my house, like kills on a fighter plane.

Cool. If you have a lot of money, you could get those computer cut plaques.

[BlazingArizona]

“Don’t like the rules at these banks? Move your money to another institution. “

And that B of A stock chart above shows the results of that vote.

[Lexinom]

Better yet, move your funds to a credit union. Efficient, low overhead, few employees, few fees. They do pretty much everything banks do but with efficiency.

Let's just let the entire for-profit banking industry die its long and well-earned death.

[Lexinom]

Ever since I bought it, five different companies have owned and/or serviced my mortgage, and four have gone broke.

Music to my ears. Justice is so sweet...

I love your wise investment plan, BTW.

[Fawn]

How is this the governments fault that BOA created this $5 fee??